August 28, 2024 Market Recap

Welcome to Extreme Investor Network, where we provide you with unique insights into the world of economics and investment opportunities. Today, we will be discussing the latest market trends and movements across Asia, Europe/EMEA, and the US.

Let’s start with Asia, where the major stock markets had a mixed day. The NIKKEI 225 saw an increase of 0.22%, while Shanghai and Hang Seng experienced slight decreases. In currency markets, AUDUSD and NZDUSD dropped, while USDJPY and USDCNY saw gains.

Moving on to Europe, the CAC 40 and DAX 30 saw increases, while the FTSE 100 experienced a slight decrease. In currency markets, EURUSD and GBPUSD dropped, while USDCHF saw a small increase.

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In the energy sector, oil markets also had a mixed day. Crude Oil and Brent both decreased, while natural gas saw an increase. Top commodity gainers included Steel and Wheat, while the top commodity losers were Cheese and Corn.

In the US market closings, the Dow, S&P 500, Nasdaq, and Russell 2000 all saw declines. In Canada, the TSX Composite and TSX 60 also declined, while the Brazil market, Bovespa, saw an advancement.

Lastly, in the bond market, we saw various changes in yields across different countries, with Japan, US, and European countries experiencing fluctuations.

Stay tuned to Extreme Investor Network for more in-depth analysis and unique perspectives on the ever-changing world of economics and investing. Don’t miss out on exclusive content and expert insights that can help you make informed decisions in your investment journey.

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